经济观察网统一股份（600506）坚持从绿色产品全生命周期出发进行低碳产品开发。近年来，核心产品 碳足迹平均下降超70%，开辟低成本"第二原料曲线"。 可持续航空燃油的成本曾是传统煤油的2.5至6倍，绿色溢价明显，但通过持续研发与供应链优化，统一 股份把相关产品成本压到可竞争水平。例如，一款碳足迹降低43%的液压油，成本与寿命已可比肩高碳 产品，统一石化CEO李嘉表示，"我们不让客户为减碳多花钱"。 "零碳溢价"产品策略，打破"低碳即高成本"的行业认知。在同等价格下，统一产品不仅碳足迹更低，还 具备更长换油周期、更少设备停机时间、更低能耗等优势，帮助客户实现总拥有成本(TCO)下降，提升 市场竞争力。 该策略依托统一的"4R1D"创新方法体系，从减量(Reduce)、再用(Reuse)、再生(Recycle)、生物循环 (Bio-cycle)、可降解(Degradable)五大维度推进产品全生命周期绿色化。 ...

经济观察网面对研发周期长这一痛点，统一股份（600506）投入构建内部AI研发平台，整合近10年二 十多万条研发数据及配方库。借助"统一智能流体大脑"，特定指标液压油研发周期从6个月缩至1个月， 效率大增，也让公司在绿色产品平价化上抢得先机。例如，一款碳足迹降低43%的液压油，成本与寿命 可比肩高碳产品，"不让客户为减碳多花钱"。同时，公司重视面对面沟通，认为"AI+客户关系"时代， ToB业务信任和痛点理解需靠人建立，技术与关系合力让绿色与盈利并行。 ...

在绿色低碳成为全球共识的今天，统一股份（600506）总经理、统一石化CEO李嘉提出了一个引人深思 的判断：降碳的本质就是降低成本。当前，不少企业仍将绿色转型视为额外投入，李嘉的这一观点直指 行业对低碳成本的固有认知。 在《经济观察报》"2024—2025年度受尊敬企业年会"上，这一论断引发热议。会后，李嘉用两个多小时 的深度对话，从光伏板下的工厂讲到循环经济的技术突破，从长明灯的黑烟聊到AI研发平台的算法， 勾勒出一家以低碳润滑油、绿色冷却液为核心业务的制造企业七年"绿色逆袭"的清晰路径。 在李嘉看来，ESG并非应付监管的"外衣"，而是一场嵌入管理全流程的降本增效系统战；绿色与盈利可 以并行不悖，责任与增长能够相互成就。统一股份以可核算的低碳行动，把责任转化为竞争力，把绿色 做成生意的长期主义，也为行业探索出一条在"双碳"浪潮中以透明治理赢得资本、客户与社会三重认可 的突围之路。 ESG是一场降本增效的系统战 环保事故、供应链断裂、核心员工流失，这些潜在损失的规模远超前期投入。 李嘉认为，真正有效的ESG，应当是一套嵌入管理全流程的降本增效体系：在环境端，通过节能降耗与 循环经济直接削减能源与物料支出；在社 ...

Core Insights - Quaker Chemical reported Q2 2025 revenue of $483.4 million, exceeding analyst expectations by 4.8%, but faced profitability challenges with Non-GAAP EPS at $1.71, missing consensus by 6.6% and down 19.7% year-over-year [1][2] - The quarter included an $88.8 million non-cash goodwill impairment in the EMEA business, leading to a GAAP net loss of $66.6 million, highlighting ongoing margin pressure and challenges in Europe [1][7] Financial Performance - Non-GAAP EPS was $1.71, below the estimated $1.83 and down from $2.13 a year ago, reflecting a 19.7% decline [2] - Revenue increased by 4.3% year-over-year, from $463.6 million in Q2 2024 to $483.4 million in Q2 2025 [2] - Adjusted EBITDA decreased by 10.4% from the previous year, indicating underlying operating cash flow challenges [2] - Non-GAAP net income fell by 21.5% year-over-year to $30.0 million [2] - Non-GAAP operating margin decreased to 10.5%, down 2.4 percentage points from the previous year [2] Business Overview - Quaker Chemical operates in over 25 countries, providing industrial process fluids and chemicals to sectors such as steel, aluminum, automotive, and aerospace [3] - The company focuses on five core areas: global market share, product diversification, managing raw material costs, growth through acquisitions, and sustainability [4] Key Developments - The revenue growth was driven by a 6% contribution from acquisitions and 2% organic product volume growth, with the Dipsol acquisition significantly impacting results, especially in the Asia/Pacific region [5][6] - Despite revenue gains, profitability was affected by higher raw material and manufacturing costs, with flat sales in the Americas and slight growth in EMEA [6] - The Dipsol acquisition is expected to enhance the company's technology base and market reach, contributing to new surface treatment solutions [8] Strategic Initiatives - The company emphasizes customer intimacy and e-commerce channels for expansion, alongside investments in new manufacturing capacity to improve efficiency [9] - Ongoing sustainability efforts include increasing renewable energy usage and a $20 million multi-year cost reduction program [10] Capital Allocation - The company raised its quarterly dividend by approximately 5% and repurchased about $32.7 million of shares, with net debt rising to $734.8 million [11] - Management remains focused on using various capital allocation strategies to support future growth [11] Future Outlook - Management projects revenue and earnings for FY2025 to be stable, with no formal guidance provided due to uncertainties in global markets [12] - Key themes to monitor include cost-cutting progress, acquisition integration, EMEA recovery, and margin defense through selective price increases [13]